Veren Confirms Quarterly Dividend

Rhea-AI Summary

Veren (TSX/NYSE: VRN) has declared its quarterly cash base dividend of $0.115 per share, as approved by the Board of Directors. The dividend will be paid on April 1, 2025 to shareholders of record as of March 15, 2025. The company has designated these dividends as 'eligible dividends' for Canadian income tax purposes.

Positive

• Consistent dividend payment maintained at $0.115/share
• Dividends qualify for favorable Canadian tax treatment

Negative

• None.

CALGARY, AB, Feb. 27, 2025 /PRNewswire/ - Veren Inc. ("Veren", or the "Company") (TSX: VRN) (NYSE: VRN) announces its Board of Directors has approved and declared a quarterly cash base dividend of $0.115 per share. The base dividend is payable on April 1, 2025 to shareholders of record on March 15, 2025.

These dividends are designated as "eligible dividends" for Canadian income tax purposes.

FOR MORE INFORMATION ON VEREN, PLEASE CONTACT:

Sarfraz Somani, Manager, Investor Relations

Telephone: (403) 693-0020 Toll-free (US and Canada): 888-693-0020

Address: Veren Inc. Suite 2000, 585 - 8th Avenue S.W. Calgary AB │T2P 1G1

www.vrn.com

Veren shares are traded on the Toronto Stock Exchange and New York Stock Exchange under the symbol VRN.

View original content:https://www.prnewswire.com/news-releases/veren-confirms-quarterly-dividend-302386465.html

SOURCE Veren Inc.

FAQ

What is the dividend amount for Veren (VRN) in Q1 2025?

Veren (VRN) declared a quarterly cash base dividend of $0.115 per share for Q1 2025.

When is the record date for Veren's (VRN) latest dividend?

The record date for Veren's dividend is March 15, 2025.

When will Veren (VRN) pay its next dividend?

Veren will pay its quarterly dividend on April 1, 2025.

Are Veren's (VRN) dividends considered eligible dividends for Canadian tax purposes?

Yes, Veren's dividends are designated as eligible dividends for Canadian income tax purposes.